US History timeline & concept chart: 1754-1789 French-Indian War to American Revolution, Articles of Confederation & Constitutional Convention: Difference between revisions
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| | | Sugar Act of 1764 | ||
* marked shift in British tax policy from protectionist mercantilism to the imperial system of revenue maximization | |||
* the tax on molasses was reduced by half under the theory that the lower rate would yield higher compliance and thus more revenue | |||
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